Thursday, November 13, 2014

Tuesday, November 11, 2014

4,835,716,461,499 percent

... the question is: how much inflation has Argentina seen since 1940?  In case you were wondering.

Tuesday, November 04, 2014

Faculty time study

College faculty spend "17 percent of their work week in meetings – including those with students – and 13 percent of the day on email ..."

This is even more incredible when you consider that faculty now make up less than one-half of the payroll at universities nationwide.  At the turn of the twentieth century, almost all of the money we spent on higher education went to teaching and research.  What percentage of tuition, endowment and taxpayer money actually gets spent on teaching or research nowadays?  25%?  20%?  Nobody knows.